Kobe Steel, Ltd. plans to make capital investments of approximately 50 billion yen at Kakogawa Works centered on a new continuous annealing line for steel sheet in response to the growing demand for automotive ultra high-strength steel (UHSS). Kobe Steel will go forward with construction and plans to start up the new facility in February 2021.
To meet stricter regulations for fuel efficiency and collision safety, automakers have been promoting lighter car bodies with higher strength in recent years. Rising demand for automotive high-strength steel and the need for functional improvements are anticipated to further increase in the future.
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